Some potential benefits of homeownership in the city of Edgewater, Maryland include:

1. Home equity: As you pay down your mortgage, you build equity in your home, which can potentially increase your net worth.

2. Stable housing costs: A fixed-rate mortgage can provide more predictable housing costs over time compared to renting, which may see rent hikes.

3. Control over your living space: As a homeowner, you have the freedom to make modifications to your home to suit your needs and preferences, without needing to seek approval from a landlord.

4. Potential tax benefits: Homeownership can come with tax breaks, such as deductions for mortgage interest, which can help reduce your taxable income.

5. Community involvement: Owning a home in a community like Edgewater may give you a sense of pride and connection to the area, which can lead to increased community involvement and engagement.

It is important to consider all costs associated with homeownership including property taxes, maintenance, utilities, and repairs.